Research - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T12:51:42+00:00Can a Matching Model Explain the Long-Run Increase in Canada's Unemployment Rate?
https://www.bankofcanada.ca/1998/10/working-paper-1998-19/
The authors construct a simple general equilibrium model of unemployment and calibrate it to the Canadian economy. Job creation and destruction are endogenous. In this model, they consider several potential factors that could contribute to the long-run increase in the Canadian unempoloyment rate: a more generous unemployment insurance system, higher layoff costs, higher discretionary taxes, […]1998-10-06T08:55:03+00:00enCan a Matching Model Explain the Long-Run Increase in Canada's Unemployment Rate?1998-10-06Economic modelsFiscal policyLabour marketsWorking Paper 1998-19 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp98-19.pdfCan a Matching Model Explain the Long-Run Increase in Canada's Unemployment Rate?Andreas HornsteinMingwei YuanOctober 1998EE2E6JJ4The Sale of Durable Goods by a Monopolist in a Stochastic Environment
https://www.bankofcanada.ca/1998/10/working-paper-1998-18/
This paper examines the sale of durable goods by a monopolist in a stochastic partil equilibrium setting. It analyzes the responses of prices and output to various types of shocks and notes the differences with non-durable goods and competitive markets. It shows that behavior in this model with constant marginal costs of production is in […]1998-10-05T15:27:01+00:00enThe Sale of Durable Goods by a Monopolist in a Stochastic Environment1998-10-05Market structure and pricingWorking Paper 1998-18 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp98-18.pdfThe Sale of Durable Goods by a Monopolist in a Stochastic EnvironmentGabriel SrourOctober 1998DD4